Edelweiss Balanced Advantage Fund - Direct Plan - Growth
The primary objective of the Scheme is to generate capital appreciation with relatively lower volatility over a longer tenure of time. The Scheme will accordingly invest in equities, arbitrage opportunities and derivative strategies on the one hand and debt and money market instruments on the other. The Scheme may also invest in Infrastructure Investment Trusts and Real Estate Investment Trusts. However there is no assurance that the investment objective of the Scheme will be realized.Read more
NAV · 16 Oct 2026₹60.1000▲ 0.40% (1 day)
- Current NAV₹60.1000
- Fund Size (AUM)₹ 12,880 Cr.
- Expense Ratio0.96 %
- 1Y Return+1.62%
- 3Y Return (CAGR)+10.12%
- 5Y Return (CAGR)+8.54%
- Category Rank (3Y)—
- RiskometerVery High Risk
- Min. SIP / Lump sum₹ 100 / ₹ 100
More figures (11)
- Since Launch (CAGR)+11.97%
- Benchmark—
- Volatility (3Y)9.25 %
- Sharpe Ratio (3Y)0.39
- Beta (3Y)—
- 52-week High / Low₹62.1400 / ₹55.8200
- Max Drawdown-16.2 %
- Launched22 Jan 2013
- Lock-inNone
- Portfolio Turnover60 %
- Fund ManagersKedar Karnik, Bhavesh Jain, Bharat Lahoti +1
Performance chart
Past performance may or may not be sustained in future.
Quick take
- Over 5 years it returned 8.5% a year.
- Volatility over 3 years was 9.3% a year, with a Sharpe ratio of 0.39.
- Its biggest fall from a peak was 16.2% (12 Feb 2020 to 23 Mar 2020).
- Across all 3-year periods since launch, yearly returns ranged from 3.4% to 20.6% and were positive 100% of the time.
- Expense ratio 0.96%, fund size ₹12,880 crore.
Pros
AI- Every 3-year period since launch gave a positive return (lowest 3.4% a year).
- Long track record of 13.7 years since 22 Jan 2013.
Cons
AINo standout weaknesses in its record so far.
Pros and cons are generated automatically from the scheme's published figures. They are observations about past data, not a recommendation to invest, switch or redeem.
AI analysis
Plenitude AI reads the figures on this page and explains them in plain language.
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Book a free consultation Compare with other fundsReturns vs benchmark and category
| Returns (%) | 1W | 1M | 3M | 6M | YTD | 1Y | 2Y | 3Y | 5Y | 7Y | 10Y | Since launch |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| This fund | +1.06% | -0.28% | -0.36% | +1.47% | -0.23% | +1.62% | +2.39% | +10.12% | +8.54% | +13.28% | +11.85% | +11.97% |
Point-to-point NAV returns as on 16 Oct 2026; over 1 year, yearly compounded (CAGR). Category: Direct Growth plans in Balanced Advantage Funds. Q1 = top quarter by return over that period.
Calendar-year returns
| Year | 2026 YTD | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| This fund | -0.23% | +8.27% | +14.39% | +20.28% | +3.53% | +20.41% | +24.48% | +9.36% | +3.03% | +24.89% | -0.75% |
January to December each year; the current year is to date.
Month-by-month returns (%)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.8 | 0.8 | -6.2 | 5.6 | 0.2 | 1.2 | 2.4 | 1.4 | -4.0 | 0.8 | |||
| 2025 | -2.1 | -4.4 | 5.1 | 1.5 | 2.2 | 2.7 | -2.0 | -0.6 | 1.4 | 2.9 | 1.3 | 0.3 | 8.3 |
| 2024 | 1.4 | 2.3 | 0.9 | 3.1 | 0.6 | 3.7 | 3.3 | 1.6 | 1.3 | -4.2 | 0.0 | -0.3 | 14.4 |
| 2023 | -1.2 | -0.1 | 0.2 | 2.3 | 3.1 | 2.7 | 2.7 | -0.5 | 1.1 | -1.1 | 4.3 | 5.4 | 20.3 |
| 2022 | 0.0 | -2.0 | 1.4 | -0.6 | -2.2 | -2.5 | 5.5 | 2.7 | -1.5 | 2.6 | 2.3 | -1.9 | 3.5 |
| 2021 | -0.6 | 4.7 | 0.4 | 0.5 | 4.1 | 1.7 | 2.0 | 4.2 | 1.2 | 0.6 | -1.3 | 1.4 | 20.4 |
| 2020 | 2.0 | -1.8 | -9.8 | 8.6 | -2.1 | 4.4 | 5.8 | 1.9 | 0.2 | 2.0 | 6.9 | 5.4 | 24.5 |
| 2019 | -1.0 | -0.1 | 4.6 | 0.4 | 2.1 | -1.0 | -3.4 | 1.2 | 3.0 | 2.9 | 0.5 | 0.0 | 9.4 |
| 2018 | 2.2 | -2.2 | -1.6 | 4.4 | -0.4 | -0.6 | 4.6 | 2.2 | -6.0 | -2.0 | 2.6 | 0.3 | 3.0 |
| 2017 | 3.9 | 3.9 | 3.1 | 2.4 | 1.1 | 0.7 | 3.6 | -1.0 | -0.5 | 3.0 | 0.5 | 1.9 | 24.9 |
Change in NAV from the last business day of one month to the last business day of the next. Positive in 81 of 118 months shown (69%). "Year" is shown for complete calendar years.
Risk and consistency
| Risk measure | 3 years | 5 years |
|---|---|---|
| Volatility (standard deviation) ? | 9.25% | 8.71% |
| Sharpe ratio ? | 0.39 | 0.23 |
| Sortino ratio ? | 0.53 | 0.32 |
| Maximum drawdown | -11.09% | -11.09% |
Rolling 3-year returns (yearly)
Lowest+3.42%
Median+12.96%
Highest+20.64%
Positive100% of periods
Above 12% a year59% of periods
Rolling 5-year returns (yearly)
Lowest+3.58%
Median+12.56%
Highest+19.60%
Positive100% of periods
Above 12% a year61% of periods
Every 3- and 5-year period since launch, checked weekly. It shows how consistent returns were, whenever someone invested.
How it handled market falls
Biggest falls in this fund's NAV
| Peak | Bottom | Fall | Back to the peak on | Time to recover |
|---|---|---|---|---|
| 12 Feb 2020 | 23 Mar 2020 | -16.2% | 7 Jul 2020 | 3 months |
| 22 Jul 2015 | 25 Feb 2016 | -11.4% | 6 Sep 2016 | 6 months |
| 27 Sep 2024 | 28 Feb 2025 | -11.1% | 10 Oct 2025 | 7 months |
| 28 Aug 2018 | 23 Oct 2018 | -9.9% | 27 May 2019 | 7 months |
| 13 Jan 2022 | 20 Jun 2022 | -9.9% | 17 Aug 2022 | 58 days |
| 8 Sep 2016 | 26 Dec 2016 | -8.6% | 13 Feb 2017 | 49 days |
Falls of 5% or more from a previous high, deepest first. Time to recover runs from the bottom to the day the NAV regained its old high.
SIP returns: ₹10,000 every month
| SIP for | Invested | Value today | Gain | XIRR |
|---|---|---|---|---|
| 1Y | ₹1,20,000 | ₹1,21,088 | ₹1,088 | +1.68% |
| 3Y | ₹3,60,000 | ₹3,91,425 | ₹31,425 | +5.51% |
| 5Y | ₹6,00,000 | ₹7,51,138 | ₹1,51,138 | +8.92% |
| 10Y | ₹12,00,000 | ₹22,01,310 | ₹10,01,310 | +11.67% |
A ₹10,000 instalment on the same date every month, valued at the latest NAV. XIRR is the yearly return on those dated instalments. Try the SIP calculator.
What your investment would be worth
Worked out from the scheme's weekly NAVs (instalments on the first NAV of each month), so it can differ slightly from your statement. Past performance may or may not be sustained in future. Plan a future SIP.
Compare with all Balanced Advantage Funds (38)
| S.No. | Scheme (Direct plans, Growth) | NAV ₹ | 1M % | 6M % | 1Y % | 3Y % CAGR | 5Y % CAGR | Expense ratio % | Fund size ₹ Cr | Riskometer |
|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Aditya Birla Sun Life Balanced Advantage FundAditya Birla Sun Life Mutual Fund | ₹128.0000 | — | — | — | — | — | 0.90 | 9,836 | Moderately High Risk |
| 2. | Axis Balanced Advantage FundAxis Mutual Fund | ₹23.8100 | — | — | — | — | — | 1.06 | 3,651 | Moderately High Risk |
| 3. | Bajaj Finserv Balanced Advantage FundBajaj Finserv Mutual Fund | ₹11.9230 | — | — | — | — | — | 1.01 | 1,207 | Very High Risk |
| 4. | BANDHAN Balanced Advantage FundBandhan Mutual Fund | ₹29.3180 | — | — | — | — | — | 1.08 | 2,235 | Very High Risk |
| 5. | BANK OF INDIA BALANCED ADVANTAGE FUNDBank of India Mutual Fund | ₹27.8257 | — | — | — | — | — | 1.40 | 174 | Very High Risk |
| 6. | Baroda BNP Paribas Balanced Advantage FundBaroda BNP Paribas Mutual Fund | ₹27.6047 | — | — | — | — | — | 0.73 | 5,162 | Very High Risk |
| 7. | Canara Robeco Balanced Advantage FundCanara Robeco Mutual Fund | ₹10.3500 | — | — | — | — | — | 1.00 | 1,007 | Very High Risk |
| 8. | DSP Dynamic Asset Allocation FundDSP Mutual Fund | ₹32.8670 | — | — | — | — | — | 1.09 | 3,704 | Very High Risk |
| 9. | Edelweiss Balanced Advantage FundEdelweiss Mutual Fund | ₹60.1000 | — | — | — | — | — | 0.96 | 12,880 | Very High Risk |
| 10. | Franklin India Balanced Advantage FundFranklin Templeton Mutual Fund | ₹14.9259 | — | — | — | — | — | 0.76 | 2,687 | High Risk |
| 11. | HDFC Balanced Advantage FundHDFC Mutual Fund | ₹553.2880 | — | — | — | — | — | 0.77 | 1,02,534 | Very High Risk |
| 12. | Helios Balanced Advantage FundHelios Mutual Fund | ₹11.7200 | — | — | — | — | — | 1.30 | 265 | Very High Risk |
| 13. | HSBC Balanced Advantage FundHSBC Mutual Fund | ₹51.2183 | — | — | — | — | — | 1.16 | 1,474 | Very High Risk |
| 14. | ICICI Prudential Balanced Advantage FundICICI Prudential Mutual Fund | ₹86.3700 | — | — | — | — | — | 1.04 | 71,913 | High Risk |
| 15. | Invesco India Balanced Advantage FundInvesco Mutual Fund | ₹63.1000 | — | — | — | — | — | 1.14 | 903 | Moderately High Risk |
| 16. | ITI Balanced Advantage FundITI Mutual Fund | ₹15.9001 | — | — | — | — | — | 1.68 | 320 | Very High Risk |
| 17. | JioBlackRock Balanced Advantage FundJio BlackRock Mutual Fund | ₹10.1486 | — | — | — | — | — | — | — | — |
| 18. | Kotak Balanced Advantage FundKotak Mahindra Mutual Fund | ₹22.6200 | — | — | — | — | — | 0.83 | 16,618 | Very High Risk |
| 19. | LIC MF Balanced Advantage FundLIC Mutual Fund | ₹14.5142 | — | — | — | — | — | 1.52 | 653 | Very High Risk |
| 20. | Mahindra Manulife Balanced Advantage FundMahindra Manulife Mutual Fund | ₹15.7608 | — | — | — | — | — | 0.85 | 879 | Very High Risk |
| 21. | Mirae Asset Balanced Advantage FundMirae Asset Mutual Fund | ₹15.2870 | — | — | — | — | — | 0.95 | 2,109 | Moderately High Risk |
| 22. | Motilal Oswal Balanced Advantage FundMotilal Oswal Mutual Fund | ₹21.7606 | — | — | — | — | — | 1.60 | 712 | Very High Risk |
| 23. | Nippon India Balanced Advantage FundNippon India Mutual Fund | ₹205.9260 | — | — | — | — | — | 0.88 | 9,532 | Very High Risk |
| 24. | NJ Balanced Advantage FundNJ Mutual Fund | ₹14.2300 | — | — | — | — | — | 1.14 | 3,242 | Very High Risk |
| 25. | Parag Parikh Dynamic Asset Allocation FundPPFAS Mutual Fund | ₹11.7209 | — | — | — | — | — | 0.40 | 2,533 | Moderately High Risk |
| 26. | PGIM India Balanced Advantage FundPGIM India Mutual Fund | ₹16.1200 | — | — | — | — | — | 0.94 | 681 | Moderately High Risk |
| 27. | quant Dynamic Asset Allocation Fundquant Mutual Fund | ₹16.7417 | — | — | — | — | — | 1.56 | 810 | Very High Risk |
| 28. | Samco Dynamic Asset Allocation FundSamco Mutual Fund | ₹10.4200 | — | — | — | — | — | 2.05 | 157 | Very High Risk |
| 29. | SBI Balanced Advantage FundSBI Mutual Fund | ₹16.2005 | — | — | — | — | — | 0.89 | 40,545 | Very High Risk |
| 30. | Shriram Balanced Advantage FundShriram Mutual Fund | ₹18.4854 | — | — | — | — | — | 0.94 | 41 | Very High Risk |
| 31. | Sundaram Dynamic Asset Allocation Fund (Formerly Known as Sundaram Balanced Advantage Fund)Sundaram Mutual Fund | ₹40.5881 | — | — | — | — | — | 1.13 | 1,596 | High Risk |
| 32. | Tata Balanced Advantage FundTata Mutual Fund | ₹22.6338 | — | — | — | — | — | 0.69 | 8,005 | Very High Risk |
| 33. | The Wealth Company Balanced Advantage FundThe Wealth Company Mutual Fund | ₹9.6418 | — | — | — | — | — | — | — | — |
| 34. | UNIFI DYNAMIC ASSET ALLOCATION FUNDUnifi Mutual Fund | ₹11.3765 | — | — | — | — | — | — | — | — |
| 35. | Union Balanced Advantage FundUnion Mutual Fund | ₹21.9700 | — | — | — | — | — | 1.46 | 1,158 | Very High Risk |
| 36. | UTI - Unit Linked Insurance PlanUTI Mutual Fund | ₹46.0819 | — | — | — | — | — | — | — | — |
| 37. | UTI Balanced Advantage FundUTI Mutual Fund | ₹12.8809 | — | — | — | — | — | 0.71 | 2,856 | Very High Risk |
| 38. | WhiteOak Capital Balanced Advantage FundWhiteOak Capital Mutual Fund | ₹15.3680 | — | — | — | — | — | 0.86 | 2,256 | Very High Risk |
| Median: 38 schemes | — | — | — | — | — | — | 1.01 | 2,172 | — |
Detailed comparison with another fund About Balanced Advantage Funds
Sorted by 3-year return; tap a heading to sort. Expense ratio and fund size are from published scheme data ("—" = not available yet). Sorting by past returns is a way to explore data, not a ranking of which fund to choose.
Scheme details
- Investment objective
- The primary objective of the Scheme is to generate capital appreciation with relatively lower volatility over a longer tenure of time. The Scheme will accordingly invest in equities, arbitrage opportunities and derivative strategies on the one hand and debt and money market instruments on the other. The Scheme may also invest in Infrastructure Investment Trusts and Real Estate Investment Trusts. However there is no assurance that the investment objective of the Scheme will be realized.
- Fund managers
- Kedar Karnik, Bhavesh Jain, Bharat Lahoti, Rahul Dedhia
- Fund house
- Edelweiss Mutual Fund
- Category
- Balanced Advantage Funds · Hybrid
- Plan / option
- Direct · Growth
- AMFI scheme code
- 118615
- ISIN
- INF754K01BS2
- Scheme documents
- SID, KIM and factsheets (fund house website) · exit load and full portfolio are in these documents.
About Balanced Advantage Funds
Balanced Advantage Funds change their equity and debt mix dynamically, often using market valuations, to manage risk.
Generally used by investors who want the fund to manage the equity–debt balance for them.
Other plans of this scheme
Tax on your gains
Likely tax treatment: Equity-oriented fund
- Held 12 months or less: short-term gain taxed at 20%.
- Held over 12 months: long-term gain taxed at 12.5% on gains above ₹1.25 lakh a year (the ₹1.25 lakh exemption covers all your equity funds and shares together).
- Dividends (IDCW option) are added to your income and taxed at your slab rate; the fund deducts 10% TDS when they exceed ₹10,000 in a year.
- Switching from one scheme or plan to another counts as selling and buying.
- Surcharge and 4% health and education cess apply on top of these rates.
| Fund type | Short-term | Long-term |
|---|---|---|
| Equity-oriented | 20% (up to 12 months) | 12.5% above ₹1.25 lakh |
| Debt-oriented (bought from Apr 2023) | Slab rate | Slab rate |
| Gold, international, other hybrid | Slab rate | 12.5% (after 12 or 24 months) |
Exit load, if any, is set out in the scheme's KIM (scheme documents). Tax rules change from time to time and depend on your situation; please confirm with your tax adviser. This is general information, not tax advice.
Fund managers
KK
BJ
BL
From the scheme details published by the fund house. "Also manages" lists schemes we have on record and grows as more schemes are viewed.
Latest news: Edelweiss Mutual Fund
- Edelweiss Mutual Fund has declared change in the fund managers of its few schemesValue Research · 14 Oct
- Edelweiss Mutual Fund Suspends SIPs and STP in 7 Schemes: Can Investing in GIFT City Funds Offer an Alternative?Trade Brains · 9 Oct
- US Tech Fund From Edelweiss at GIFT City: 5,000 Dollar Minimum, Structure, Currency Risk and Who May InvestUnivest · 9 Oct
- Edelweiss AMC launches US technology fund via GIFT City: Exit load, minimum investment explainedCNBC TV18 · 9 Oct
- ET Alpha Wealth Summit 2.0: SIFs are Shahrukh Khan in portfolio says Radhika Gupta, Edelweiss Mutual FundThe Economic Times · 8 Oct
- Edelweiss AMC announces change in risk-o-meter of scheme and benchmarkInvestment Guru India · 8 Oct
- Edelweiss AMC announces addition of ISCInvestment Guru India · 5 Oct
- Edelweiss Mutual Fund has announced change in the fund manager in its Edelweiss Arbitrage FundValue Research · 5 Oct
Headlines from Google News about this fund house and its schemes over the last 30 days. Lists of "best funds" and buy or sell calls are left out. Links open the publisher's site.
Questions about this scheme
What is the NAV of Edelweiss Balanced Advantage Fund today?
The latest NAV of Edelweiss Balanced Advantage Fund - Direct Plan - Growth is ₹60.1000 as on 16 Oct 2026, as published by AMFI. NAVs are updated every business day evening.
What returns has Edelweiss Balanced Advantage Fund given?
As on 16 Oct 2026: 1 year +1.62%, 3 years +10.12% a year, 5 years +8.54% a year. Past returns may or may not be sustained in future.
What is the expense ratio of Edelweiss Balanced Advantage Fund?
The expense ratio of the Direct plan is 0.96% (as of Apr 2026). It is already deducted in the NAV.
How risky is this fund?
Its riskometer level is Very High Risk. Over 3 years its volatility was 9.3% a year and its biggest fall from a peak was 11.1%. Mutual fund investments are subject to market risks.
What is the difference between Direct and Regular plans?
Both plans hold the same portfolio. A Direct plan is bought straight from the fund house and has a lower expense ratio. A Regular plan is bought through a distributor, who is paid a commission from the expense ratio, so its NAV grows slightly slower.
What are Balanced Advantage Funds?
Balanced Advantage Funds change their equity and debt mix dynamically, often using market valuations, to manage risk.
How are gains from Edelweiss Balanced Advantage Fund taxed?
It is taxed as an equity-oriented fund: gains on units held up to 12 months are taxed at 20%; after 12 months, gains above ₹1.25 lakh a year are taxed at 12.5% (plus surcharge and cess).
Important. NAVs are from AMFI and mfapi.in; benchmark closes from Yahoo Finance; expense ratio, fund size and managers from published scheme data (Kuvera). Figures may be delayed; confirm with the fund house before transacting. Ranks and quartiles are positions by past return and are not a rating or recommendation. Mutual fund investments are subject to market risks; read all scheme-related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934) and earns commission from fund houses on Regular plans (see Disclosures).
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